I don't know about ounces of gold but we have a few flakes to our credit....by the way, let me identify myself. My name is ---------------LOUIS XVI, KING OF FRANCE!!!
Medinah Energy Expects that Full Scale Production is Imminent
LAKE ELSINORE, CA, March 24, 1998...Medinah Energy Inc. announces that work is proceeding well on the Santiago gold property. The property is reported to contain in excess of one hundred million cubic meters of gold bearing material grading from 1 to 2.5 grams of gold per cubic meter (overall 1.5 grams average).
Mr. Paul Jones, Director and Vice President of Mining Operations, and his crew have been on the property since March 16th, 1998, and report that they have completed the equipment installation and will begin production bulk sampling on the Santiago property on March 25th, 1998. Results from this operation will be available approximately one week from now and, upon review of these results, the company is confident that full scale production will begin.
Mr. Jones also visited an adjoining property that is available to Medinah for option purchase. This property was mined by early Spaniards and is reported to carry high grade alluvial deposits. During this brief review, Mr. Jones took several panning samples and reported that FLAKES OF GOLD were recovered from each of the pan samples. A more thorough review of this property will take place after production is established on the Santiago property.
The principal objective of Medinah Energy Inc. is to acquire and develop known highly prospective mineral bodies and bring them to production. Medinah Energy Inc. holds its principal claims and interests, directly or through subsidiaries in Chile in the Andacollo gold mining district and the Region de Valparaiso.
For further information, please call investor relations: Ralph Ulm or Al Ginn at 1 (888) 572-0170
On behalf of the Board of Directors
Per: Larry Regis, President
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